Research firm Gartner Inc. predicts that by 2016, 25 percent of large global companies will have adopted big data analytics for at least one security or fraud detection use case, up from 8 percent today, and will achieve a positive return on investment within the first six months of implementation.
Big data analytics gives enterprises faster access to their own data than ever, says Avivah Litan, vice president and distinguished analyst at Gartner. Litan says enterprises can achieve significant savings in time and money when using big data analytics to stop crime and security infractions, by stopping losses and increasing productivity.
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